Feb 4 (Reuters) - Vestjysk Bank A/S VJBA.CO :
* FY2024 NET INTEREST AND FEE INCOME TOTALLED DKK 1,806
MILLION
* FY 2024 PROFIT BEFORE TAX IS DKK 1,165 MILLION (DKK 1,378
MILLION IN 2023)
* FY 2024 VALUE ADJUSTMENTS AND DIVIDENDS AMOUNT TO DKK 343
MILLION (DKK 287 MILLION IN 2023)
* FY 2024 NET REVERSALS OF IMPAIRMENT LOSSES ON LOANS AND
RECEIVABLES RECEIVABLES ETC. TOTALLED DKK 16 MILLION (DKK 208
MILLION IN 2023)
* EXPECTS EARNINGS TO FALL IN 2025 AS RESULT OF LOWER
INTEREST
RATES AND LOWER RETURNS ON BOND PORTFOLIO
* PROFIT FOR 2024 IS IN UPPER PART OF ANNOUNCED RANGE
Source text: https://mfn.se/nir/a/vestjysk-bank/vestjysk-banks-arsrapport-2024-ed36d84c
Further company coverage: VJBA.CO
(Gdansk Newsroom)
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